[Federal Register Volume 76, Number 81 (Wednesday, April 27, 2011)]
[Notices]
[Pages 23615-23616]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2011-10181]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5480-N-38]


Notice of Submission of Proposed Information Collection to OMB; 
Application for HUD/FHA Insured Mortgage ``Hope for Homeowners''

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below has been submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. The Department 
is soliciting public comments on the subject proposal.
    This information is collected on new mortgages offered by FHA 
approved mortgagees to mortgagors who are at risk of losing their homes 
to foreclosure. The new FHA insured mortgages refinance the borrowers 
existing mortgage at a significant write-down. Under the program the 
mortgagors share the newly created equity (Exit Premium) with FHA.

DATES: Comments Due Date: May 27, 2011.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0579) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; e-mail [email protected] fax: 202-395-
5806.

FOR FURTHER INFORMATION CONTACT: Colette Pollard, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Colette Pollard at 
[email protected]; or telephone (202) 402-3400. This is not a 
toll-free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting agencies concerning the proposed collection of information 
to: (1) Evaluate whether the proposed collection of information is 
necessary for the proper performance of the functions of the agency, 
including whether the information will have practical utility; (2) 
Evaluate the accuracy of the agency's estimate of the

[[Page 23616]]

burden of the proposed collection of information; (3) Enhance the 
quality, utility, and clarity of the information to be collected; and 
(4) Minimize the burden of the collection of information on those who 
are to respond; including through the use of appropriate automated 
collection techniques or other forms of information technology, e.g., 
permitting electronic submission of responses.
    This notice also lists the following information:
    Title of Proposal: Application for HUD/FHA Insured Mortgage ``Hope 
for Homeowners''.
    OMB Approval Number: 2502-0579.
    Form Numbers: HUD 92915, HUD 92900, HUD 92917 HFH.
    Description of the Need for the Information and its Proposed Use:
    This information is collected on new mortgages offered by FHA 
approved mortgagees to mortgagors who are at risk of losing their homes 
to foreclosure. The new FHA insured mortgages refinance the borrowers 
existing mortgage at a significant write-down. Under the program the 
mortgagors share the newly created equity (Exit Premium) with FHA.
    Frequency of Submission: On occasion.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
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Reporting Burden....................          11,000           80.203   ..           0.165   ..         146,096
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    Total Estimated Burden Hours: 146,096.
    Status: Extension without change of a currently approved 
collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: April 21, 2011.
Colette Pollard,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. 2011-10181 Filed 4-26-11; 8:45 am]
BILLING CODE 4210-67-P